Collaborate Disseminate
More information was revealed this week about the Olympic Destroyer malware and how it was used to disrupt the availability of the Pyeonchang Olympic’s official website for a 12-hour period earlier this month. It appears that back in December, a … Continue reading Weekly Cyber Risk Roundup: Olympic Malware and Russian Cybercrime
When it comes to pointing the finger for last year’s historically-disruptive NotPetya cyberattack, nobody could accuse the US and UK of dodging the issue. Continue reading US and UK condemn Russia for NotPetya
The United Kingdom’s government is blaming the Russian military for a famous cyberattack that took place last June. This is now the second country to publicly recognize that NotPetya was carried out by Russia— Ukraine being the first. The National Cyber Security Centre (NCSC) conducted an assessment, saying that the purpose of the cyberattack was to disrupt Ukraine’s financial systems. The sophistication and planning of the attack required considerable resources and time, according to the NCSC. “The Kremlin has positioned Russia in direct opposition to the West: it doesn’t have to be that way. We call upon Russia to be the responsible member of the international community it claims to be rather then secretly trying to undermine it,” Foreign Office Minister of State with responsibility for Cyber, Lord (Tariq) Ahmad of Wimbledon said in a NCSC statement. NotPetya, a destructive ransomware virus, infected thousands of computers used in financial, energy […]
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Continue reading UK government blames Russian military for infamous ‘NotPetya’ cyberattacks
UK government officials have publicly attributed the NotPetya malware attacks of June 2017 to actors in the Russian government. Foreign Office Minister Lord Ahmad made his thoughts known in a statement released on 15 February: The UK Government judges … Continue reading UK Government Publicly Attributes NotPetya Outbreak to Russia
2017 has already gone down as the worst year on record from a cybersecurity standpoint. But the world is still not over the two infamous attacks deployed by hackers in May (WannaCry) and June (NotPetya/Goldeneye) of last year, which together dealt bill… Continue reading NotPetya/GoldenEye back in the spotlight: UK officially points finger to Kremlin for June 2017 cyberattack
By Waqas
Forget WannaCry and welcome WannaMine, a fileless cryptojacking malware using
This is a post from HackRead.com Read the original post: Fileless WannaMine Cryptojacking Malware Using NSA Exploit
Continue reading Fileless WannaMine Cryptojacking Malware Using NSA Exploit
Say hello to WannaMine. Continue reading Cryptocurrency Mining Malware That Uses an NSA Exploit Is On the Rise
By Waqas
On June 27th, 2017, a dangerous ransomware attack called Petya
This is a post from HackRead.com Read the original post: NotPetya attack: Maersk reinstalled 45,000 PCs, 2,500 apps & 4,000 servers
Continue reading NotPetya attack: Maersk reinstalled 45,000 PCs, 2,500 apps & 4,000 servers
There’s no end in sight for ransomware and, based on what we’ve seen this year, these threats will become even more aggressive. Worse still, hackers have started incorporating extortion into other types of attacks. Ransomware pushers have h… Continue reading Brace for Hybrid Threats and Extortion-Fueled Attacks Next Year
Ransomware payments in 2017 will hit a record $2 billion, according to a new research from the cybersecurity firm Bitdefender. That figure would make 2017 the most costly year ever for ransomware, doubling the $1 billion paid out by ransomware victims in 2016 and skyrocketing above the $24 million paid in 2015. The upward trend will likely continue into 2018 as malware becomes more sophisticated and difficult to stop. Exacerbating the problem is amount attributed to total damage, which exceeds $5 billion. The NotPetya attacks alone caused over $310 million in damages to U.S. pharmaceutical giant Merck, a $300 million loss for the courier firm FedEx and a $200 million loss for the shipping firm Maersk. The average ransomware demand is up to $1,000, a 266 percent rise from 2016. The spike is credited to more victims paying up, including many businesses that privately pay five-figure ransoms. Only 47 percent of victims who pay the ransom ever […]
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Continue reading Ransomware is now a $2 billion-per-year criminal industry